I have a house for sale in Yukon and my realtor is hinting I should drop the price before the spring blood letting begins.
Are there really hints that Devon is going to downsize again?
5 replies (most recent on top)
Devon doesn't have that many employees anymore so the next death march out the Tower of Pain won't cause you to lose sleep.
$40 oil, miserable schools statewide, state budget woes, a replacement governor dummer than the predecessor and no end in sight for all these issues should scare you a bit.
Good luck on your move Garth.
Yes there are credible resources that early 2019 there is another round of layoffs. That is the sole intent for the optimization and automation robots. Natural attrition, forced attrition, and non replacement of employees as they leave. Even HR acknowledges if you don't see the writing on the wall you have your head stuck in the sand. So if you need to sell then sell. If you can hang on if get laid off then dont, its as simple as that
Yukon, Devon layoffs have nothing to do with the real estate market here. The recent and near future interest rate hikes are likely the reason you're being told to drop your price.
Plenty of GOOD companies in the OKC metro outside of oil and gas, that are currently hiring.
If HHub $3.60 and WTI under $50 wasn't a big enough hint for you, you deserve to be first on the chopping block